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Android trojan app targets Facebook users

2014-04-18 16:20 by
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A new threat to the Android platform has been discovered that targets Facebook users who regularly use mobile banking. The iBanking Android malware is a mobile banking Trojan app that disguises itself as a legitimate security app.

This latest way of infecting Android phones uses a method known as Webinjects and have long been used by computer Trojans to display rogue Web forms on online banking websites with the goal of collecting log-in credentials and other sensitive financial information from users.

When logging into Facebook from a phone infected with iBanking, a user will see a rogue message informing him that "due to a rising number of attempts in order to gain unlawful access to the personal information of our users and to prevent corrupted page data to spread Facebook administration introduces new extra safety protection system."

Security analysts said the source code for iBanking was released on an underground forum. They warned that this development allows more cybercriminals to use this mobile threat in their cybercrime operations.

Read more -here-

 

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